On Feb 1, Digital Core REIT reported a distribution per unit (DPU) of 3.7 US cents (5 cents) for the FY2023 ended Dec 31, 2023, 15.9% short of the forecast of 4.4 US cents.
Distributable income to unitholders stood at US$41.5 million for the year, 17.8% lower than its forecast of US$50.5 million.
Cohen & Steers also bought 2.36 million more units in Parkway Life REIT on Feb 1 for $8.19 million, where it bought 2.29 million units for $3.48 each and 67,700 units at $3.498 apiece. The investment manager's latest buy has brought its stake in the REIT to 6.34% from 5.95% previously.
